Author Question: One bag of coffee beans is sold for 7 to a cafe that uses it to brew coffee which it sells to ... (Read 294 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
One bag of coffee beans is sold for 7 to a cafe that uses it to brew coffee which it sells to customers for a total of 15. A second bag of coffee is sold directly to Joan for 7, who uses it to brew coffee for her family every morning.
 
  What is the contribution to GDP from the purchases of coffee beans and coffee?
  A) 14 B) 29 C) 15 D) 7 E) 22

Question 2

The reserve ratio is 10 percent. If the bank receives a customer deposit of 100,000, then an immediate effect is
 
  A) a reduction in the bank's total assets of exactly 10,000.
  B) no change in the bank's total assets or total liabilities.
  C) a reduction in the bank's total liabilities of exactly 10,000.
  D) an increase in the bank's reserves of exactly 10,000.



at

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

E

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

For a complete list of videos, visit our video library